UG Investment Advisers Ltd. lessened its position in shares of Amkor Technology, Inc. (NASDAQ:AMKR – Free Report) by 84.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 177,265 shares of the semiconductor company’s stock after selling 932,216 shares during the quarter. Amkor Technology accounts for about 0.8% of UG Investment Advisers Ltd.’s holdings, making the stock its 8th biggest position. UG Investment Advisers Ltd.’s holdings in Amkor Technology were worth $5,034,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of AMKR. Salomon & Ludwin LLC purchased a new position in shares of Amkor Technology during the third quarter worth approximately $25,000. Hantz Financial Services Inc. grew its position in Amkor Technology by 1,050.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 1,369 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 1,250 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Amkor Technology by 61.8% in the first quarter. Advisors Asset Management Inc. now owns 2,236 shares of the semiconductor company’s stock valued at $40,000 after purchasing an additional 854 shares during the period. Quaker Wealth Management LLC increased its stake in Amkor Technology by 301.1% in the second quarter. Quaker Wealth Management LLC now owns 2,514 shares of the semiconductor company’s stock valued at $53,000 after purchasing an additional 3,764 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Amkor Technology by 21.5% in the second quarter. Allworth Financial LP now owns 2,640 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 467 shares during the last quarter. 42.76% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently issued reports on AMKR shares. Weiss Ratings reissued a “hold (c)” rating on shares of Amkor Technology in a report on Wednesday. B. Riley boosted their target price on Amkor Technology from $29.00 to $48.00 and gave the company a “neutral” rating in a report on Thursday, January 15th. Wall Street Zen downgraded Amkor Technology from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. UBS Group lowered shares of Amkor Technology from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $38.00 to $55.00 in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Amkor Technology from $27.00 to $32.00 and gave the company an “overweight” rating in a research note on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, Amkor Technology currently has an average rating of “Hold” and an average price target of $39.14.
Amkor Technology Trading Down 5.2%
Shares of Amkor Technology stock opened at $49.71 on Friday. The company has a 50-day moving average of $42.62 and a two-hundred day moving average of $32.43. Amkor Technology, Inc. has a 12-month low of $14.03 and a 12-month high of $55.17. The company has a current ratio of 1.77, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. The stock has a market cap of $12.29 billion, a PE ratio of 39.77 and a beta of 1.99.
Amkor Technology (NASDAQ:AMKR – Get Free Report) last announced its quarterly earnings results on Monday, October 27th. The semiconductor company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.42 by $0.09. The business had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.93 billion. Amkor Technology had a return on equity of 7.26% and a net margin of 4.77%.The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 EPS. Amkor Technology has set its Q4 2025 guidance at 0.380-0.480 EPS. On average, research analysts anticipate that Amkor Technology, Inc. will post 1.47 EPS for the current fiscal year.
Amkor Technology Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Wednesday, December 3rd were paid a dividend of $0.0835 per share. This is a boost from Amkor Technology’s previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Wednesday, December 3rd. This represents a $0.33 annualized dividend and a dividend yield of 0.7%. Amkor Technology’s dividend payout ratio is presently 26.40%.
Insider Activity
In other news, EVP Mark N. Rogers sold 20,000 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $31.69, for a total value of $633,800.00. Following the completion of the transaction, the executive vice president directly owned 23,862 shares of the company’s stock, valued at $756,186.78. The trade was a 45.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Kevin Engel sold 11,000 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $46.21, for a total value of $508,310.00. Following the completion of the sale, the executive vice president owned 349 shares in the company, valued at $16,127.29. This represents a 96.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 96,000 shares of company stock worth $4,085,910 in the last three months. Company insiders own 26.90% of the company’s stock.
About Amkor Technology
Amkor Technology, Inc (NASDAQ:AMKR) is a leading provider of outsourced semiconductor packaging and test (OSAT) services, supporting integrated device manufacturers and semiconductor foundries worldwide. The company offers a broad range of advanced packaging solutions, including wafer bumping, flip chip, system-in-package and ball grid array technologies, designed to meet the performance, power and form-factor demands of applications across consumer electronics, automotive, communications and industrial markets.
In addition to packaging, Amkor delivers comprehensive test services such as wafer probing, final test, system-level test and digital, analog and mixed-signal testing, enabling customers to accelerate time-to-market and reduce total costs.
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